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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: tracor who wrote (3668)8/3/2008 10:19:24 AM
From: Hawkmoon  Read Replies (1) | Respond to of 5034
 
Awesome!! Nice to see a VP of a major brokerage saying EXACTLY what we've been saying..

I also can't understand why stocks that are showing up on the Reg SHO lists aren't subject to immediate buy-ins after a minimum grace period. It's the SEC's job to enforce this and hasn't. Why have a rule if it is not going to be enforced?

Yep.. simple logic.. they should be subject to immediate buy-ins to restore the balance of supply/demand.

All of these factors have gone on to raise the cost of capital for companies unnecessarily, and to bring about a broad disengagement from public participation. It's time to turn those factors around before we create another Depression.

Didn't I just say basically the same thing (though not as succinctly)?

Message 24813891

Wow!! Maybe we all deserve to be hired as VP's of major stock brokerage firms.. ;0) Obviously a few of them need to be fired for not speaking up about this previously.

Btw.. here's the link for that letter. That needs to be posted around.

sec.gov

Hawk